A Company Has Monthly Fixed Costs of $112,000

question 119

Multiple Choice

A company has monthly fixed costs of $112,000.The variable costs are $5.00 per unit.If the sales price of a unit is $20.00 and we sell 8,000 units,the company's total variable costs will be:

• A)$112,000.
• B)$160,000.
• C)$120,000.
• D)$40,000.

Explain the differences between various types of mutual funds, including index funds, open-end, and closed-end funds.

Calculate the net asset value (NAV) of mutual funds and understand its significance.

Understand the structure and function of exchange-traded funds (ETFs) and how they compare to mutual funds.

Identify the fees associated with mutual fund investments, including management fees, load fees, and 12b-1 fees.

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Definitions:

Dependable

Capable of being relied upon; trustworthy and reliable in terms of consistency and performance.

Careful

Being careful involves acting with thought and caution to avoid harm or mistakes.

Selective Perception

The method through which people filter media messages to align with their preferences, while disregarding any contradictory perspectives.

Systematic Attempt

A planned or organized effort to achieve a specific goal, often involving a methodical process.